Duo World Inc (DUUO) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
170 S, GREEN VALLEY PARKWAY, SUITE 300 HENDERSON, NV 89012 |
| State of Incorp. | NV |
| Fiscal Year End | March 31 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2023 MRQ | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | 3/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 19 | 24 | 22 | 51 | 3 | 26 | |||
| Cash and cash equivalents | 19 | 24 | 22 | 51 | 3 | 26 | |||
| Receivables | 2 | 3 | 137 | 322 | 228 | 518 | |||
| Prepaid expense | 2 | 1 | 2 | 1 | 1 | 1 | |||
| Other undisclosed current assets | 72 | 78 | 23 | 30 | 82 | 522 | |||
| Total current assets: | 95 | 106 | 183 | 403 | 313 | 1,067 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 14 | 10 | ✕ | ✕ | |||||
| Property, plant and equipment | 11 | 4 | 9 | 16 | 24 | 43 | |||
| Intangible assets, net (including goodwill) | 347 | 251 | 428 | 645 | 746 | 733 | |||
| Goodwill | 104 | ||||||||
| Intangible assets, net (excluding goodwill) | 243 | 251 | 428 | 645 | 746 | 733 | |||
| Total noncurrent assets: | 372 | 256 | 437 | 671 | 770 | 776 | |||
| TOTAL ASSETS: | 467 | 361 | 620 | 1,074 | 1,083 | 1,843 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 523 | 1,015 | 1,326 | 1,340 | 1,355 | 1,085 | |||
| Interest and dividends payable | ✕ | ✕ | 10 | ||||||
| Taxes payable | ✕ | ✕ | 114 | 166 | 163 | 157 | 127 | ||
| Employee-related liabilities | ✕ | ✕ | 343 | 530 | 578 | 637 | 459 | ||
| Accounts payable | 416 | 451 | 542 | 531 | 489 | 368 | |||
| Accrued liabilities | 107 | 98 | 88 | 69 | 72 | 132 | |||
| Deferred revenue | 1 | 1 | 3 | 56 | ✕ | ✕ | |||
| Debt | 1 | 431 | 462 | 543 | 700 | ||||
| Business combination, contingent consideration, liability | 186 | 186 | 186 | 186 | 186 | 186 | |||
| Due to related parties | ✕ | 918 | 1,063 | 922 | 825 | 525 | |||
| Other undisclosed current liabilities | 1,016 | (10) | 3 | 7 | |||||
| Total current liabilities: | 1,726 | 2,111 | 3,010 | 2,968 | 2,915 | 2,495 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 15 | 10 | 10 | ||||||
| Capital lease obligations | ✕ | ✕ | ✕ | ✕ | ✕ | 10 | |||
| Finance lease, liability | 15 | ✕ | ✕ | ||||||
| Liabilities, other than long-term debt | 14 | 1,110 | 1,376 | 1,423 | 1,451 | 1,502 | |||
| Liability, pension and other postretirement and postemployment benefits | 14 | 18 | 30 | 73 | 105 | 154 | |||
| Due to related parties | ✕ | 1,092 | 1,346 | 1,350 | 1,346 | 1,348 | |||
| Operating lease, liability | 10 | ✕ | ✕ | ||||||
| Other undisclosed noncurrent liabilities | 535 | 14 | |||||||
| Total noncurrent liabilities: | 564 | 1,110 | 1,390 | 1,433 | 1,451 | 1,512 | |||
| Total liabilities: | 2,290 | 3,221 | 4,399 | 4,401 | 4,366 | 4,008 | |||
| Equity | |||||||||
| Equity, attributable to parent | (1,928) | (2,859) | (3,779) | (3,327) | (3,283) | (2,164) | |||
| Preferred stock | 5 | 5 | 5 | 5 | 5 | 5 | |||
| Common stock | 88 | 74 | 68 | 68 | 66 | 53 | |||
| Additional paid in capital | 12,293 | 12,191 | 11,641 | 11,641 | 11,543 | 5,768 | |||
| Accumulated other comprehensive income | 1,394 | 1,246 | 549 | 468 | 266 | 70 | |||
| Accumulated deficit | (15,708) | (16,375) | (16,042) | (15,509) | (15,163) | (8,059) | |||
| Equity, attributable to noncontrolling interest | 105 | ||||||||
| Other undisclosed equity | 0 | ||||||||
| Total equity: | (1,823) | (2,859) | (3,779) | (3,327) | (3,283) | (2,164) | |||
| TOTAL LIABILITIES AND EQUITY: | 467 | 361 | 620 | 1,074 | 1,083 | 1,843 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2023 TTM | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | 3/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 51 | 94 | 346 | 772 | 638 | 792 | ||
| Cost of revenue | (29) | (85) | (286) | (255) | (242) | (311) | ||
| Gross profit: | 21 | 10 | 61 | 517 | 396 | 481 | ||
| Operating expenses | (254) | (280) | (391) | (559) | (1,439) | (5,962) | ||
| Operating loss: | (233) | (270) | (331) | (43) | (1,044) | (5,481) | ||
| Nonoperating income (expense) | 893 | (63) | (168) | (276) | (231) | (93) | ||
| Loss, foreign currency transaction, before tax | (23) | (7) | (12) | (90) | ||||
| Other nonoperating income (expense) | 54 | 6 | 9 | 5 | (231) | (93) | ||
| Interest and debt expense | (29) | (25) | (163) | (189) | (225) | (89) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 163 | 189 | 225 | 89 | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 632 | (359) | (498) | (319) | (1,275) | (5,574) | ||
| Other undisclosed income from continuing operations before income taxes | 29 | 25 | ||||||
| Income (loss) from continuing operations before income taxes: | 661 | (334) | (498) | (319) | (1,275) | (5,574) | ||
| Income tax expense | (34) | (54) | (44) | |||||
| Income (loss) from continuing operations: | 661 | (334) | (533) | (373) | (1,319) | (5,574) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | (334) | (533) | (373) | (1,319) | (5,574) | |
| Net income (loss): | 661 | (334) | (533) | (373) | (1,319) | (5,574) | ||
| Net income attributable to noncontrolling interest | 6 | |||||||
| Other undisclosed net income attributable to parent | ||||||||
| Net income (loss) available to common stockholders, diluted: | 667 | (334) | (533) | (373) | (1,319) | (5,574) | ||
Comprehensive Income ($ in thousands)
| 9/30/2023 TTM | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | 3/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 661 | (334) | (533) | (373) | (1,319) | (5,574) | ||
| Other comprehensive income (loss) | 148 | 697 | 81 | 202 | 196 | (43) | ||
| Other undisclosed comprehensive income | ||||||||
| Comprehensive income (loss): | 808 | 364 | (452) | (172) | (1,123) | (5,617) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 6 | |||||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 0 | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 815 | 364 | (452) | (172) | (1,123) | (5,617) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.